{"id":107748,"date":"2025-09-23T00:00:00","date_gmt":"2025-09-23T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/masdar-led-consortium-to-build-usd-400-mn-solar-plant-in-oman\/"},"modified":"2025-09-23T00:00:00","modified_gmt":"2025-09-23T00:00:00","slug":"masdar-led-consortium-to-build-usd-400-mn-solar-plant-in-oman","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/09\/23\/masdar-led-consortium-to-build-usd-400-mn-solar-plant-in-oman\/","title":{"rendered":"Masdar-led consortium to build USD 400 mn solar plant in Oman"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>A<\/strong><strong> Masdar-led consortium has signed an agreement with Oman\u2019s Nama <\/strong><strong>Power <\/strong><strong>and Water Procurement Company to develop the 500 MW Ibri III solar plant and 100 MWh BESS system in Oman<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/lnkd.in\/p\/d9iWkFzb\" style=\"\" rel=\"noopener\">statement<\/a>. The project, to be <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a9cb24fe-8f85-47f7-a5ec-b847bb2a4435\/\" style=\"\" rel=\"noopener\">developed<\/a> alongside local partner Al Khadra Partners and Korea Midland Power, has an investment ticket of some OMR 115 mn (c. USD 300 mn), according to a separate <a target=\"_blank\" href=\"https:\/\/lnkd.in\/p\/dAuSkP59\" style=\"\" rel=\"noopener\">statement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">About the plant: <\/strong><span style=\"background-color: transparent;\">The 500 MW solar facility is scheduled to come online in 1Q 2027, and will span around 10 mn sqm. Adjacent to the existing <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/933057e7-62cd-45ae-b192-dec61b80db12\" rel=\"noopener\">Ibri 2<\/a><span style=\"background-color: transparent;\">, Ibri 3 will offset some 505k tons of CO2 emissions annually at full capacity.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> Oman\u2019s Nama received four bids for the development of the 500 MW Ibri III solar project in Al Dhahirah in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a9cb24fe-8f85-47f7-a5ec-b847bb2a4435\/\" style=\"\" rel=\"noopener\">February<\/a>. Bidders included an Acwa-TotalEnergies consortium, an alliance consisting of EDF Renewables and Korean Western Power, and an independent proposal from Singapore\u2019s Sembcorp Utilities.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Energy for all:<\/strong> The GCC Interconnection Authority (GCCIA) <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/920ad901-b54e-45c6-8a5b-db40619c7cc9\/\" style=\"\" rel=\"noopener\">signed<\/a> a USD 500 mn interim financing agreement with Oman\u2019s Sohar International Bank earlier this month to fund a new 530-km electricity interconnection between the UAE and a new Ibri station in Oman.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 500 MW solar facility is scheduled to come online in 1Q 2027.<\/p>\n","protected":false},"author":1,"featured_media":107749,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1604],"tags":[143,7,171,211,406],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-107748","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-energy","tag-enterpriseam-uae","tag-masdar","tag-renewables","tag-solar-energy","wpautop","entry"],"acf":{"mongo_id":"f309f6f1-9d93-4655-b21e-dac840b8b719","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/9\/1344.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Masdar-led consortium to build USD 400 mn solar plant in Oman","related_issue":[107736],"teaser":"The 500 MW solar facility is scheduled to come online in 1Q 2027.","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/9\/.f7a8625a-ca2b-4a38-acea-9af53c243e0a.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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